Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June
Perspective buyers are less willing to bid over asking price jll americas markets john or even entertain homes that are overpriced due to high mortgage rates and fears of a potential recession.
Inflation pushes consumers to consider private labels over name brands
With inflation impacting everyone, consumers are now re-thinking what products they are buying at the store and even reaching for more in-house brands, experts say.
Alaska Airlines to launch electronic bag tags to cut down on check-in time
Alaska Airlines is slated to become the first carrier to launch electronic bag tags to help passengers cut down on the time it takes to drop off luggage at the airport.
Soaring mortgage rates discourage home buying even as rental costs jump
Rental prices surged to another high in June for the 16th consecutive month. Even so, renting is favored over buying in a majority of metros due to high mortgage rates.
Chipotle permanently closes Maine store, halting union efforts
Chipotle has permanently closed a location in Maine due to staffing issues. However, labor organizers at the Augusta store claim the company was union busting.
Daily Harvest identifies ingredient that might have caused hundreds to get sick
Daily Harvest announced Tuesday – more than a month after recalling its French Lentil + Leek Crumbles product – that it found the ingredient that might have caused many people to get sick.
Recall: Blueberries may have elevated levels of lead
Natierra blueberries distributed through retailers and online stores in the U.S. are being voluntarily recalled due to high lead levels.
Extreme summer heat forcing several companies to warn residents about energy usage
U.S. power companies are helping residents keep their energy bills low during extreme heat. This comes when other bills are already sky-high due to inflation.
Manhattan rents reach record $5K per month on average in June
Rents in New York City have surged to a new high. In June, the average rent reached $5,058, up 29% from a year ago and surpassing the $5,000 threshold for the first time.